NOT LISTED FOR SALE

116 E 2nd St East Syracuse, NY 13057

Estimated Value: $164,944 - $224,000

4 Beds
2 Baths
2,192 Sq Ft
$93/Sq Ft Est. Value

Last Sold July 20, 2022

Last sale price $158,000 $72 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,465/month

15 Days on Market

Highlights

  • Forced Air Cooling System
  • Property is near a bus stop
  • High Speed Internet
  • East Syracuse Minoa Central High School Rated A-
  • Ceiling Fan
  • Wall to Wall Carpet

About This Home

As of July 2022

Wonderfully maintained two family unit in the town of Dewitt. Recent updates include bathroom, carpeting, and some appliances upstairs. Updates in the downstairs unit includes new bathroom, carpeting/flooring, counter tops, light fixtures and appliances. This two family unit also includes the large vacant lot next door, off street parking, large backyard, and plenty of storage in the basement. The back porch is common area and along with the large backyard, great for summertime enjoyment. Property is has easy access to highway and close to all sorts of shopping, restaurants and grocery stores. This is a great investment opportunity or for someone looking to be owner occupied. Showings are by appointment only. Please allow twenty four hours notice.

Last Agent to Sell the Property

Mark MacBain

Listing by Hunt Real Estate Era License #10401328095 Listed on: 03/10/2022

Hunt Real Estate Era

Last Buyer's Agent

Allen Olmsted

Listing by Canaan Realty License #37OL0750434

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,341

Year Built

  • Built in 1920

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 132 x 37
  • Irregular Lot

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 2,192 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sump Pump

Flooring

  • Wall to Wall Carpet
  • Linoleum
  • Laminate

Location

  • Property is near a bus stop

Schools

  • East Syracuse Elementary School
  • Pine Grove Middle School
  • East Syracuse-Minoa Central High School

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes hot water
  • Tax Lot 9
  • Assessor Parcel Number 312601-008-000-0008-009-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $8,200
  • Gross Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,341

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Annual Operating Expenses: 8200
  • NY Swis Code: East Syracuse-Village-312601
  • Total Assessed Value: 82500
  • Foundation Description: Block
  • Gross Annual Income: 15600
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 37
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 9
  • Lot Shape: Irregular
  • Nearest Cross Street: Welch
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 987500.00
  • Ratio Close Price By Sq Ft: 72.08
  • Ratio List Price By Acres: 1093125.00
  • Ratio List Price By Sq Ft: 79.79
  • Regional Board Code: Syracuse
  • Rent Includes: Hot Water
  • Roof Description: Asphalt, Shingles
  • School Tax: 2042
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Village: East Syracuse-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 6970
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: Bridge street to E 2nd Street. House located on the left side
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Sump Pump
  • Floor Description: Laminate-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Total Sq Ft: 2192

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, High Speed Internet
  • Number of Acres: 0.1600

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: East Syracuse-Minoa
  • Elementary School: East Syracuse Elementary
  • Middle School: Pine Grove Middle
  • High School: East Syracuse-Minoa Central High

Lot Info

  • Parcel Number: 312601-008-000-0008-009-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4341

MLS Schools

  • Elementary School Name: East Syracuse Elementary
  • High School Name: East Syracuse-Minoa Central High
  • Middle School Name: Pine Grove Middle
  • School District Name: East Syracuse-Minoa

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2022 07/20/22 Sold $158,000 -9.7% $72 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $174,900 -- $80 / Sq Ft
Source: Central New York Information Services

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,611 $119,600 $10,000 $109,600
2023 $4,194 $91,800 $10,000 $81,800
2022 $3,975 $76,500 $10,000 $66,500
2021 $4,074 $76,500 $10,000 $66,500
2020 $4,083 $76,500 $10,000 $66,500
2019 -- $76,500 $10,000 $66,500
2018 $4,071 $73,600 $10,000 $63,600
2017 $4,122 $73,600 $10,000 $63,600
2016 $4,123 $73,600 $10,000 $63,600
2015 -- $73,600 $10,000 $63,600
2014 -- $73,600 $10,000 $63,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1392573

Central New York Information Services

APN: 312601-008-000-0008-009-000-0000